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March 21, 2019 08:05 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ms9a9S6HszM/
Why its no surprise that pro rata rights dont mean what they used to
Yesterday, renowned investor Fred WIlson of Union Square Ventures observed in blog post that fewer founders in today’s go-go market have been honoring what are called pro rata rights, or the right of an earlier investor in a company to maintain the percentage that he or she (or their venture firm) owns as that company […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ms9a9S6HszM/
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